Suspected GUN market maker transferred 191 million tokens in the early morning, showing signs of high-frequency selling pressure in the morning
Odaily Planet Daily reports that according to on-chain analyst @ai_9684xtpa, at 3 a.m. yesterday morning, a related address of the GUN project transferred out 191 million GUN tokens (about 2% of the total amount), which were originally intended for liquidity/market making. Subsequently until 8 o'clock this morning, there have been continuous high-frequency small-amount sell orders for this currency, averaging about 10 per second and about $6 per order, with an estimated hourly selling amount exceeding $210,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Aster launches email login feature
Sentora: Ethereum Network Fees Rise This Week, Indicating Increased DeFi Activity
The South Korean National Assembly is accelerating the review process of the Security Token Offering bill
Trending news
MoreCrypto prices
More








